General Development of Business Hormel Foods Corporation, a Delaware corporation, was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. A. Hormel & Company. The Company originated as a processor of meat and food products and continues in this line of business today. The Company has expanded its product portfolio through organic growth and acquisitions to become a global branded food company with more than $12 billion in annual revenue. The Company is built on a foundation of innovation and integrity and a commitment to delivering high-quality, trusted food products across a diverse portfolio of brands and product solutions including Planters®, SPAM®, Jennie-O®, Skippy®, Applegate®, Wholly®, Hormel® Black Label®, Fontanini®, Bacon1®, Hormel® pepperoni, and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 12.1B | 12.1B | 11.9B | 12.1B | 12.5B | 11.4B |
| Net Income | 489M | 478M | 805M | 794M | 1000M | 909M |
| EPS | $0.89 | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 |
| Free Cash Flow | 578M | 534M | 1.0B | 778M | 856M | 770M |
| ROIC | 5.3% | 5.1% | 8.2% | 7.5% | 10.4% | 9.4% |
| Gross Margin | 15.5% | 15.6% | 17.0% | 16.5% | 17.4% | 16.9% |
| Debt/Equity | 0.36 | 0.36 | 0.36 | 0.55 | 0.44 | 0.48 |
| Dividends/Share | $1.16 | $1.16 | $1.13 | $1.10 | $1.04 | $0.98 |
| Operating Income | 734M | 719M | 1.1B | 1.1B | 1.3B | 1.1B |
| Operating Margin | 6.0% | 5.9% | 9.0% | 8.9% | 10.5% | 9.9% |
| ROE | 6.2% | 6.0% | 10.1% | 10.3% | 13.3% | 13.0% |
| Shares Outstanding | 550M | 550M | 548M | 547M | 549M | 547M |
HORMEL FOODS CORP /DE/ passes 5 of 9 quality checks, suggesting mixed fundamentals.
HORMEL FOODS CORP /DE/ trades at 23.0x trailing earnings, compared to its 15-year median P/E of 19.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 19.5x vs a median of 23.1x. The company's 5-year average ROIC is 8.1% with a gross margin of 16.7%. Total shareholder yield (dividends) is 5.7%. At current prices, the estimated annualized return to fair value is +0.8%.
HORMEL FOODS CORP /DE/ (HRL) has a current P/E ratio of 23.0, compared to its historical median P/E of 19.9. The stock is currently considered Fair based on its historical valuation range.
HORMEL FOODS CORP /DE/ (HRL) has a 5-year average return on invested capital (ROIC) of 8.1%. This is below average and may indicate limited pricing power.
HORMEL FOODS CORP /DE/ (HRL) has a market capitalization of $11.3B. It is classified as a large-cap stock.
Yes, HORMEL FOODS CORP /DE/ (HRL) pays a dividend with a trailing twelve-month yield of 5.66%.
Based on historical P/E analysis, HORMEL FOODS CORP /DE/ (HRL) appears fair. The current P/E of 23.0 is 16% above its historical median of 19.9. The estimated fair value CAGR (P/E method) is -5.4%.
HORMEL FOODS CORP /DE/ (HRL) operates in the Meat Packing Plants industry, within the Consumer Defensive sector.
HORMEL FOODS CORP /DE/ (HRL) reported annual revenue of $12.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
HORMEL FOODS CORP /DE/ (HRL) has a net profit margin of 4.0%. This is a modest margin.
HORMEL FOODS CORP /DE/ (HRL) generated $534 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
HORMEL FOODS CORP /DE/ (HRL) has a debt-to-equity ratio of 0.36. This indicates a conservatively financed balance sheet.
HORMEL FOODS CORP /DE/ (HRL) reported earnings per share (EPS) of $0.87 in its most recent fiscal year.
HORMEL FOODS CORP /DE/ (HRL) has a return on equity (ROE) of 6.0%. This indicates moderate shareholder returns.
HORMEL FOODS CORP /DE/ (HRL) has a 5-year average gross margin of 16.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for HORMEL FOODS CORP /DE/ (HRL), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
HORMEL FOODS CORP /DE/ (HRL) has a book value per share of $14.37, based on its most recent annual SEC filing.
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